{"id":552638,"date":"2022-09-19T13:15:27","date_gmt":"2022-09-19T13:15:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/19\/this-evening-alex-medical-is-back-in-the-bidding-war-spotlight-queen-elizabeth-ii-laid-to-rest\/"},"modified":"2022-09-19T13:15:27","modified_gmt":"2022-09-19T13:15:27","slug":"this-evening-alex-medical-is-back-in-the-bidding-war-spotlight-queen-elizabeth-ii-laid-to-rest","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/19\/this-evening-alex-medical-is-back-in-the-bidding-war-spotlight-queen-elizabeth-ii-laid-to-rest\/","title":{"rendered":"THIS EVENING: Alex Medical is back in the bidding war spotlight + Queen Elizabeth II laid to rest"},"content":{"rendered":"

Happy Monday, friends.<\/strong> We bring to you an unusually quiet afternoon on the news front, as the international press is squarely focused on Queen Elizabeth II\u2019s funeral and the local press appears to be watching along as well.<\/p>\n

THE BIG STORY TODAY<\/strong><\/p>\n

<\/a> The bidding war for Alex Medical is back:<\/strong> UAE\u2019s Yas Holding (formerly known as Emirates Advanced Investments<\/a>) has adjusted the price for shares of Alexandria Medical to EGP 48.62 per share, the Financial Regulatory Authority said in a statement (pdf)<\/a>. The current share price values Alex Medical at EGP 757 mn, up 10.5% from their previous offer in June last year<\/a>.<\/p>\n

FROM THE DIPLOMACY WORLD- <\/strong><\/p>\n

The Israeli government approved plans to make the Negev summit an <\/strong>annual event<\/strong>, the office of the Israeli prime minister said<\/a> yesterday, a move that will consolidate Tel Aviv\u2019s diplomatic and security ties with its Arab allies. Senior officials from Egypt, Israel, the UAE, Bahrain, Morocco and the US have met twice this year to discuss regional issues in what some commentators have framed as a major geopolitical realignment in the region. The six countries agreed in June<\/a> to deepen ties in a range of areas including clean energy, education, food and water security and health, as well as regional security.<\/p>\n

THE BIG STORY ABROAD<\/strong><\/p>\n

<\/a> Queen Elizabeth II\u2019s funeral is dominating the front pages of the international press this<\/strong> afternoon:<\/strong> World leaders and foreign royals gathered in London today to bid Queen Elizabeth one last farewell. US president Joe Biden, French President Emmanuel Macron, and Emperor Naruhito of Japan are among the 500 world leaders attending the state funeral service at Westminster Abbey, which is currently ongoing. A crowd of one mn mourners are expected in central London for the funeral. The story is getting plenty of coverage in international press: Reuters<\/a> | Financial Times<\/a> | The Guardian<\/a> | The Independent<\/a> | the Washington Post<\/a><\/p>\n

HAPPENING NOW-<\/strong><\/p>\n

Shoukry in New York for UN General Assembly session:<\/strong> Foreign Minister Sameh Shoukry is<\/a>in New York<\/a> to participate in the high-level meetings ahead of the UN General Assembly session. The general debate for the 2022 session will take place from Tuesday, 20 September to Monday, 26 September.<\/p>\n

Indian Defense Minister Rajnath Singh <\/strong>is in Cairo<\/a><\/strong> for a three-day visit<\/strong> focused on bolstering defense ties.<\/p>\n

** CATCH UP QUICK<\/strong> on the top stories from today\u2019s EnterpriseAM<\/strong>:<\/p>\n